Welcome to our dedicated page for 374Water news (Ticker: SCWO), a resource for investors and traders seeking the latest updates and insights on 374Water stock.
374Water Inc. (NASDAQ: SCWO) is a global industrial technology and services company focused on wastewater treatment and waste management for industrial, municipal, and federal markets. News about 374Water frequently centers on its AirSCWO supercritical water oxidation technology, which is designed to destroy and mineralize a broad spectrum of non-hazardous and hazardous organic wastes, including PFAS and other persistent contaminants.
On this page, readers can follow company announcements related to project awards, technology deployments, and service contracts. Recent news has highlighted Waste Destruction Services projects for PFAS destruction in biosolids and water treatment residuals in Minnesota, PFAS-focused work with the City of Cedar Rapids in Iowa, and a contract with the State of North Carolina to destroy Aqueous Film-Forming Foam using AirSCWO systems. Updates also cover equipment orders such as the sale and deployment of an AirSCWO 6 system and associated pre-treatment and dewatering system to the City of Olathe, Kansas.
Investors and industry observers can track governance and capital markets developments, including leadership changes, board appointments, reverse stock split actions, and communications regarding Nasdaq listing compliance. Earnings releases and operational updates provide insight into the progress of Waste Destruction Services, collaborations with partners such as Crystal Clean and TSDF operators, and the commercialization of AirSCWO technology.
By monitoring this news feed, users can see how 374Water’s technology is being applied in real-world municipal, industrial, and state-led initiatives aimed at addressing PFAS and complex organic waste streams, as well as key corporate events that may influence SCWO stock and the company’s strategic direction.
374Water (OTCQB:SCWO) announced its participation in the Water Environment Federation's 2022 Conference in Columbus, Ohio, from May 24-27, showcasing its innovative AirSCWO™ systems for PFAS elimination. The conference emphasizes sustainability in residual and biosolids management, with 374Water featured in a technology spotlight on May 26. With growing concerns over PFAS contamination—affecting 98% of the U.S. population—374Water aims to address these challenges through supercritical water oxidation technology. This initiative aligns with increasing regulations and market demand for eco-friendly waste solutions.
374Water has entered a memorandum of understanding with Midway to implement its AirSCWO™ technology for sustainable wastewater management in future mixed-use developments. This innovative technology converts waste into clean water, energy, and minerals, supporting local circular economies. The collaboration is timely as businesses aim to meet growing Environmental, Social and Governance (ESG) goals. 374Water plans to design systems tailored to waste demands and will collaborate with Midway on project funding and timelines.
374Water (OTCQB:SCWO) will participate in the 34th Annual ROTH Conference from March 13-15, 2022, at the Ritz Carlton in Laguna Beach, California. This participation showcases the company's commitment to promoting sustainable waste management solutions that support a circular economy. The management invites interested investors to schedule one-on-one meetings during the conference. For more details or to arrange meetings, contact James@HaydenIR.com.
374Water is dedicated to preserving a clean environment as part of its social impact mission.
374Water Inc. (OTCQB:SCWO) has announced the establishment of its first global subsidiary, 374Water Sustainability Israel LTD. This move aims to enhance its presence in Israel, where over 5 million tons of waste are generated annually. The formation follows a $900,000 grant from the Binational Industrial Research and Development Foundation for a cleantech project. The company's AirSCWO™ technology will provide sustainable waste management solutions, transitioning communities towards circular economies while eliminating harmful pollutants.
374Water (OTCQB:SCWO) announces the promotion of Israel Abitbol to Chief Financial Officer (CFO) and John Hofmann to Senior Vice President, effective immediately. Abitbol was previously the Head of Finance, while Hofmann was part-time CFO and key in establishing the company's financial foundation. Both moves align with 374Water's growth strategy. CEO Kobe Nagar emphasized Abitbol's readiness for the CFO role, highlighting his leadership and knowledge of the company's operations.
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374Water Inc. (OTCQB:SCWO) announced that the Orange County Sanitation District has purchased an AirSCWOTM system. This agreement aims to demonstrate a commercial-scale system for treating various types of waste, including biosolids and food waste. The AirSCWOTM technology utilizes supercritical water oxidation to tackle challenges like high disposal costs and emerging contaminants. 374Water will manage the installation and operation of the system for six months before transferring it to OC San.
374Water Inc. (OTCQB: SCWO) has successfully closed a $5M private placement aimed at supporting its planned NASDAQ listing in 2022. The company has appointed Cherry Bekaert LLP as its new auditor and retained Donohoe Advisory Associates LLC. CEO Kobe Nagar emphasized that this strategic move will enhance visibility and market reach for their AirSCWO™ technology, which converts waste into recoverable energy and eliminates pollutants like PFAS. The first commercial systems are set to launch in mid-2022.
374Water (OTCQB: SCWO) announced a partnership with Environmental Services Company to undertake a $3.5M cleantech project funded partially by the U.S. Department of Energy and Israel's Ministry of Energy. This initiative, supported by BIRD Energy, will utilize the AirSCWO™ Nix6 system to recover energy and resources from hazardous organic waste through supercritical water oxidation. The project aims to innovate the water-energy nexus while combating environmental pollution, especially from persistent chemicals like PFAS.
374Water Inc., a cleantech firm based in Durham, NC, has been awarded the 2021 Cleantech Impact: Water Award at the Cleantech Innovation Awards Ceremony on December 8, 2021. This accolade acknowledges significant contributions to cleantech innovation within North Carolina. Co-Founder Dr. Marc Deshusses expressed pride in the recognition and commended fellow nominees. Founded in 2018, 374Water focuses on commercializing its AirSCWO technology, converting waste into valuable resources, supporting sustainability and the United Nations' Sustainable Development Goals.